Blacksburg market report

Blacksburg housing market, February 2006.

In February 2006, 24 homes sold in Blacksburg at a median price of $225,000. Homes that sold spent a median of 87 days on the market and sold for a median of 100% of their original asking price.

24

Homes sold

$225K

Median sale price

$113

Per square foot

Median, sold homes

87

Days on market

Median, sold homes

100%

Of asking price

Median sale to original list

48

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in February 2006. Land excluded.

February 2006

The month in charts.

Sales by type: 15 single-family houses, 7 condos and 2 townhouses.

Median sale price by month

The 13 months through February 2006. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through February 2006Jun 05: $253K. Feb 06: $225K. Lowest $200K (Dec 05), highest $253K (Jun 05).Feb 05: no salesMar 05: no salesApr 05: no salesMay 05: no salesJun 05: $253KJul 05: $239KAug 05: $228KSep 05: $245KOct 05: $226KNov 05: $230KDec 05: $200KJan 06: $210KFeb 06: $225K
Median home sale price in Blacksburg by month, 13 months through February 2006
PeriodMedian sale price
Feb 05No data
Mar 05No data
Apr 05No data
May 05No data
Jun 05$253K
Jul 05$239K
Aug 05$228K
Sep 05$245K
Oct 05$226K
Nov 05$230K
Dec 05$200K
Jan 06$210K
Feb 06$225K

Homes sold per month

February 2006 highlighted.

Homes sold in Blacksburg per month, 13 months through February 2006Feb 05: 0. Feb 06: 24. Lowest 0 (Feb 05), highest 73 (Jul 05).Feb 05: 0Mar 05: 0Apr 05: 0May 05: 0Jun 05: 26Jul 05: 73Aug 05: 68Sep 05: 37Oct 05: 21Nov 05: 43Dec 05: 39Jan 06: 21Feb 06: 24
Homes sold in Blacksburg per month, 13 months through February 2006
PeriodHomes sold
Feb 050
Mar 050
Apr 050
May 050
Jun 0526
Jul 0573
Aug 0568
Sep 0537
Oct 0521
Nov 0543
Dec 0539
Jan 0621
Feb 0624

Sales by price

February 2006.

  • Under $250K 18 sold
  • $250K to $350K 2 sold
  • $350K to $500K 3 sold
  • $500K to $750K 1 sold

Sales by neighborhood

Neighborhoods with the most sales in February 2006.

Sales

Every sale in February 2006.

Final sale prices, newest first.

Homes sold in Blacksburg in February 2006
AddressNeighborhoodSoldPriceBeds / bathsSq ftPer sq ft
Heights The Heights $231,500 3 bd / 3.5 ba 1,807 sq ft $128/sq ft
Fairview Ave Airport Acres $220,000 4 bd / 2 ba 1,508 sq ft $146/sq ft
CentennialListing courtesy of Coldwell Banker Townside Bburg $185,000 3 bd / 2 ba 1,600 sq ft $116/sq ft
BroceListing courtesy of RE/MAX Allegiance, Blacksburg $168,500 4 bd / 2 ba 1,522 sq ft $111/sq ft
Thomas LnListing courtesy of RE/MAX Real Estate One $97,900 3 bd / 1 ba 1,056 sq ft $93/sq ft
ThomasListing courtesy of RE/MAX Real Estate One $97,900 3 bd / 1 ba 1,056 sq ft $93/sq ft
Birch LeafListing courtesy of RE/MAX Allegiance, Blacksburg Woodbine $196,000 4 bd / 2 ba 2,271 sq ft $86/sq ft
Heights The Heights $234,500 3 bd / 3.5 ba 1,807 sq ft $130/sq ft
Heights The Heights $230,000 3 bd / 3.5 ba 1,807 sq ft $127/sq ft
Pheasant Run DrListing courtesy of Long & Foster-Christiansburg Pheasant Run $165,000 4 bd / 2.5 ba 1,500 sq ft $110/sq ft
ThomasListing courtesy of Old Virginia Real Estate $125,000 3 bd / 2 ba 1,568 sq ft $80/sq ft
CrestwoodListing courtesy of Coldwell Banker Townside Bburg Shelor Farm Estates $398,000 4 bd / 2.5 ba 3,108 sq ft $128/sq ft
Draper RdListing courtesy of Prudential Radford & Associates-Blacksburg Miller Southside $317,000 5 bd / 3 ba 3,092 sq ft $103/sq ft
HillmanListing courtesy of Page & Assoc. Real Estate $162,000 3 bd / 2 ba 1,950 sq ft $83/sq ft
CraigListing courtesy of Long & Foster - Blacksburg Northside Park $235,000 5 bd / 3 ba 2,450 sq ft $96/sq ft
Heights The Heights $230,000 3 bd / 3.5 ba 1,807 sq ft $127/sq ft
Heights The Heights $230,000 3 bd / 3.5 ba 1,807 sq ft $127/sq ft
SenecaListing courtesy of Coldwell Banker Townside Bburg Hunters Ridge $125,000 4 bd / 2 ba 890 sq ft $140/sq ft
PlankListing courtesy of RE/MAX Allegiance, Blacksburg Blacksburg Country Club $422,000 4 bd / 3.5 ba 3,161 sq ft $134/sq ft
Greendale Westover Hills $251,500 4 bd / 3 ba 2,420 sq ft $104/sq ft
Jennifer DriveListing courtesy of Long & Foster - Blacksburg Pheasant Run Crossing $164,900 4 bd / 2.5 ba 1,500 sq ft $110/sq ft
Hardwick StListing courtesy of Coldwell Banker Townside Bburg Wyatt Farm $551,900 5 bd / 3.5 ba 4,503 sq ft $123/sq ft
New KentListing courtesy of RE/MAX Allegiance, Blacksburg $138,000 2 bd / 2.5 ba 1,260 sq ft $110/sq ft
RedbudListing courtesy of RE/MAX Allegiance, Blacksburg Trillium Place $496,473 4 bd / 3.5 ba 3,288 sq ft $151/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in February 2006?

The median sale price for homes in Blacksburg in February 2006 was $225,000, across 24 sales on record (land excluded).

How many homes sold in Blacksburg in February 2006?

24 homes sold in Blacksburg in February 2006, compared with 21 in January 2006.

How fast did homes sell in Blacksburg in February 2006?

Homes that sold in February 2006 spent a median of 87 days on the market, and 63% sold at or above their original asking price.

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